Consolidated balance sheet

As per my perception, consolidation of accounts is not required, as these two companies are associate Companies. Companies Bill, 2012 have the provision for its consolidation but it is not passed in Rajya Sabha yet. I think you just need to give disclosures as per AS 18

Originally posted by : Sneha Binani
	As per my perception, consolidation of accounts is not required, as these two companies are associate Companies. Companies Bill, 2012 have the provision for its consolidation but it is not passed in Rajya Sabha yet. I think you just need to give disclosures as per AS 18

I agree with Sneha. In this case only You show 30% stake as Investment.